SIEMENS Positional View !!!

Updated
SIEMENS : cmp : 2186.65

A bullish engulfing kind of pattern has been formed in Daily chart .
After some correction/consolidation, it's reversing from 50 dema and trying to breakout.
RSI trending up. Good support zone near 2086-2110.


Accumulation zone : 2140-2180
Profit booking zone may be 2304-2407
SL 2110 Dclbs /According to ur risk apetite.

Positionally can move 2620+
Sl 2060 Dclbs

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Trade active
made high 2270
Trade active
almost 1st tgt achieved
Trade active
giving good momentum.
Trade active
1st tgt reached.
Trade active
Made high 2380. fut 2396.
Trade active
All tgt achieved. made a high of 2447.Only positional left.
Beyond Technical AnalysisChart PatternsTechnical Indicators

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